2-bed · 1,341 sqftWelcome Residency, Arjan · 4th floor · completed 2024

403, Welcome Residency

Sold prices and rental history: sold once, by the developer in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 17 May 2023
Last soldAED 1.36M17 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Welcome Residency

What is 403 worth today?

Last sold for AED 1,363,250 in 2023

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17 May 2023Sold by developerOff-plan
AED 1,363,250AED 1,016 per sqft

Source: Dubai Land Department. Updated 17 May 2023.

Key facts

Type
2-bed apartment
Size
1,341 sqft
Floor
4th of 7
Parking
G-27
Developer
Alseeb Real Estate Development
Completed
2024
Last sold
AED 1.36M · May 2023

About 403, Welcome Residency

403 is a two-bedroom apartment of 1,341 sqft on the 4th floor of Welcome Residency, a 7-storey tower in Arjan completed in 2024 by Alseeb Real Estate Development. The developer sold it on 17 May 2023 for AED 1,363,250, or AED 1,016 per sqft, 8% above the AED 944 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical two-bed in Welcome Residency
1.25M1.5M1.75M202220242026Typical sale price by year: 2022 AED 1,264,534; 2023 AED 1,419,380; 2024 AED 1,550,000; 2025 AED 1,730,000; 2026 AED 1,672,600Sold by developer, May 2023: AED 1,363,250 (AED 1,016 per sqft)

403 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 403, each contractTypical two-bed in Welcome Residency
110K120K2024202520262027Typical rent by year: 2024 AED 120,000; 2025 AED 123,000; 2026 AED 110,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Welcome Residency, and where 403 sits

All 78 2-beds →

403 last sold in May 2023 at AED 1,016 per sqft, 8% above what two-beds in Welcome Residency were fetching at the time (AED 944). Over the last 12 months two-beds sold for AED 1,440,000 to 1,910,000, around AED 1,189 per sqft, and rent for AED 60,000 to 130,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Nov 20261,600,000
29 Oct 20261,670,000
22 Oct 20261,680,000
24 Sep 20261,515,000
14 2-bed sales in the last 12 months

Welcome Residency

Building

94 apartments, 1-bed to 3-bed over 7 floors in Arjan, completed in 2024 by Alseeb Real Estate Development. 17 sold in the last 12 months.

Typical price per sqft
AED 1,189
Typical sale
AED 1.69M
Typical rent
AED 118K /yr
Typical yield
7.0%
Welcome Residency, Arjan: prices, sales and rents →

Other units on the 4th floor

All 94 units in Welcome Residency
Value
4012-bedAED 1.66M · Feb 2024
4022-bedAED 1.42M · Jun 2024
4042-bedAED 1.4M · Jan 2023
4052-bedAED 1.44M · Apr 2026
4063-bedAED 2.08M · Aug 2026
4072-bedAED 1.52M · Sep 2026
4082-bedAED 1.53M · Jan 2023
1–7 of 13

403, Welcome Residency in numbers

  • Sold once: by Alseeb Real Estate Development on 17 May 2023 for AED 1,363,250, or AED 1,016 per sqft.
  • Two-beds in Welcome Residency sold for AED 1,440,000–1,910,000 in the 12 months to November 2026; the building's median across all types is AED 1,189 per sqft.

Source: Dubai Land Department. Updated 17 May 2023.

Questions about 403, Welcome Residency

What did unit 403 last sell for?

AED 1,363,250 on 17 May 2023, sold by the developer: AED 1,016 per sqft for 1,341 sqft. It is the only registered sale of the unit.

How big is unit 403?

1,341 sqft (124.6 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2024.

What is unit 403 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Welcome Residency sold for AED 1,440,000 to 1,910,000 in the last 12 months, around AED 1,189 per sqft.

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Mortgage on 403, Welcome Residency

Starts from the last sale price (AED 1.36M, 17 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,363,250
Deposit, UAE resident (20%)
AED 272,650
Deposit, non-resident (40%)
AED 545,300
Monthly over 25 years at 3.7%
AED 5,577

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →